The manager of a fast food restaurant wants to determine how sales in a given week are related to the number of discount vouchers (#) printed in the local newspaper during the week. The number of vouchers and sales ($000s) from 10 randomly selected weeks is given below with Excel regression output. Number of vouchers 475319108635 Sales 12.815.413.911.218.717.916.815.911.513.9 SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjuted R Square Standard Error Observations ANOVA Regression Residual Total Interoept Number of voudhers 0.85240.72670.69251.430110.0000df1.00008.00009.0000 Coefficients 11.56760.4618SS43.498216.361859.8600 Standard Error 0.83410.1001MS43.49822.0452 t Stat 13.86794.6117F21.2682 P-value 0.00000.0017 Sgnificance F0.0017 Lower 95% 9.64410.2309 Upper 95%13.49120.6927 a. Write down the regression equation
b. Interpret the slope.
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